It's close to spring and corn is about to break out of a triangle.
I could see how people will be flocking to Corn in March-April-May-June as you can clearly see that Corn hasn't had the excessive volatility that stocks and bonds have had this year so far.
Corn looks like a peaceful lake compared to a tsunami and a typhoon over in the equity and bond markets.
Either way, look for "planting intentions" and lots of forecasts to make corn POP in the next few weeks.
All the best,
Tim
364'2 front month Corn ZC1!
I could see how people will be flocking to Corn in March-April-May-June as you can clearly see that Corn hasn't had the excessive volatility that stocks and bonds have had this year so far.
Corn looks like a peaceful lake compared to a tsunami and a typhoon over in the equity and bond markets.
Either way, look for "planting intentions" and lots of forecasts to make corn POP in the next few weeks.
All the best,
Tim
364'2 front month Corn ZC1!
Comment:
I'm not sure why the background is red when the idea is profitable so far... but maybe there is a bug.
Comment:
Did anyone get the popcorn humor?
Comment:
It's working like a charm, so far.
Comment:
Still on track
Comment:
After a sharp breakdown on huge planting intentions, corn is on a tear right along the forecasted path.
Comment:
It just keeps going along the forecasted (guessed) path.
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com